Syngenta AG (NYSE:SYT) hit a new 52-week high during trading on Monday . The stock traded as high as $88.16 and last traded at $87.52, with a volume of 2,499,498 shares changing hands. The stock had previously closed at $79.51.

Several brokerages have commented on SYT. Raymond James Financial Inc. raised shares of Syngenta AG from a “mkt perform” rating to an “outperform” rating in a research note on Friday, July 15th. Zacks Investment Research raised shares of Syngenta AG from a “sell” rating to a “hold” rating in a research note on Tuesday, June 21st. Finally, Jefferies Group reaffirmed a “buy” rating on shares of Syngenta AG in a research note on Thursday, May 19th. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $83.73.

The firm’s 50-day moving average is $78.00 and its 200-day moving average is $80.32. The company has a market capitalization of $40.31 billion and a P/E ratio of 34.17.

A number of large investors have bought and sold shares of SYT. Trexquant Investment LP increased its stake in Syngenta AG by 241.2% in the fourth quarter. Trexquant Investment LP now owns 15,100 shares of the company’s stock valued at $1,189,000 after buying an additional 10,674 shares in the last quarter. Suntrust Banks Inc. increased its stake in Syngenta AG by 69.6% in the fourth quarter. Suntrust Banks Inc. now owns 20,244 shares of the company’s stock valued at $1,593,000 after buying an additional 8,306 shares in the last quarter. Bank of Montreal Can increased its stake in Syngenta AG by 182.2% in the fourth quarter. Bank of Montreal Can now owns 23,030 shares of the company’s stock valued at $1,812,000 after buying an additional 14,868 shares in the last quarter. US Bancorp DE increased its stake in Syngenta AG by 1.5% in the fourth quarter. US Bancorp DE now owns 25,884 shares of the company’s stock valued at $2,038,000 after buying an additional 384 shares in the last quarter. Finally, Wells Fargo & Company MN increased its stake in Syngenta AG by 115.7% in the fourth quarter. Wells Fargo & Company MN now owns 293,893 shares of the company’s stock valued at $23,139,000 after buying an additional 157,656 shares in the last quarter.

Syngenta AG is an agribusiness operating in the crop protection and seeds business. The Company is engaged in the discovery, development, manufacture and marketing of a range of products designed to improve crop yields and food quality. The Company operates through five segments: the four geographic regions, Europe, Africa and Middle East, North America, Latin America and Asia Pacific, consisting of the integrated Crop Protection and Seeds business, and the global Lawn and Garden business.

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